NexusFi: Find Your Edge


Home Menu

 





Webinar: FuturesTrader71 (FT71) Morad Askar on Getting Started Scalping


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one Big Mike with 45 posts (42 thanks)
    2. looks_two FuturesTrader71 with 10 posts (3 thanks)
    3. looks_3 podski with 3 posts (0 thanks)
    4. looks_4 gted with 3 posts (2 thanks)
      Best Posters
    1. looks_one Daytrader999 with 1.5 thanks per post
    2. looks_two Shamal with 1.5 thanks per post
    3. looks_3 Big Mike with 0.9 thanks per post
    4. looks_4 FuturesTrader71 with 0.3 thanks per post
    1. trending_up 46,964 views
    2. thumb_up 66 thanks given
    3. group 20 followers
    1. forum 90 posts
    2. attach_file 28 attachments




 
Search this Thread

Webinar: FuturesTrader71 (FT71) Morad Askar on Getting Started Scalping

  #81 (permalink)
 
kurucz's Avatar
 kurucz 
Berlin Germany
 
Experience: Intermediate
Platform: Ninja Trader
Trading: @ES, @FESX, @FDAX, @FGBL
Posts: 7 since Dec 2013
Thanks Given: 10
Thanks Received: 3


FuturesTrader71 View Post
Or you can simply join Stage 5 Trading and have it for free. The product is proprietary and it was created by me for my prop shop/ prop traders. The results of the TA are stored by our online trading clients and are sent to me when they are seeking analysis or help. This is the real value of the tool above and beyond what it is telling you in real time while you trade.

Oh... and the S5 TA has copyrights.

Thank you FT for the reply. I really like the tool. As I am not (yet) a customer of S5 I use the "light" version of NT7 which is also quiet helpful. Better than nothing. My goal is to have a healthy ratio of MFE and MAE.

Attached Thumbnails
Click image for larger version

Name:	TA.JPG
Views:	265
Size:	85.6 KB
ID:	163273  
Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
REcommedations for programming help
Sierra Chart
Better Renko Gaps
The Elite Circle
Cheap historycal L1 data for stocks
Stocks and ETFs
MC PL editor upgrade
MultiCharts
 
  #82 (permalink)
 
FuturesTrader71's Avatar
 FuturesTrader71 
 
Posts: 391 since Feb 2012
Thanks Given: 174
Thanks Received: 1,514


kurucz View Post
Thank you FT for the reply. I really like the tool. As I am not (yet) a customer of S5 I use the "light" version of NT7 which is also quiet helpful. Better than nothing. My goal is to have a healthy ratio of MFE and MAE.

Understood. Hop on over and support S5. We have several folks from Germany trading everything from Bunds to EuroStoxx to FDAX. We will give you better stat tools.

Risk Disclaimer: Trading Futures is not suitable for all investors. Past Performance is not indicative of future results.

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io " Ask Me Anything" thread
Follow me on Twitter Reply With Quote
  #83 (permalink)
 
torroray's Avatar
 torroray 
Malaysia
 
Experience: Beginner
Platform: Multichart DT
Broker: MB Trading
Trading: Fx
Posts: 272 since Nov 2009
Thanks Given: 52
Thanks Received: 61


Hi FT,

On your previous webinar you mention the rotation on the ES. For scalping would it still be the same since you use 3 renko.

Could you list the rotation for other instrument like 6E, CL, NQ, YM ect.

Thanks

Reply With Quote
  #84 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,463 since Jun 2009
Thanks Given: 33,236
Thanks Received: 101,661


torroray View Post
Hi FT,

On your previous webinar you mention the rotation on the ES. For scalping would it still be the same since you use 3 renko.

Could you list the rotation for other instrument like 6E, CL, NQ, YM ect.

Thanks

I'm not 100% but I think this has been covered in this thread:



Several users provided the source data and/or spreadsheets to do the calcs.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #85 (permalink)
 
podski's Avatar
 podski 
Belgium
 
Experience: Intermediate
Platform: Ninjatrader
Broker: Ninjatrader Brokerage, CQG
Trading: FDAX, FDXM ...maybe
Posts: 388 since Sep 2012
Thanks Given: 499
Thanks Received: 470

Hi FT,

What about EUREX and fees and commissions ?

There doesn't seem to be a membership type programme but many brokers have tiered commission levels.

How did you do it when you were trading the DAX?

p

Visit my NexusFi Trade Journal Reply With Quote
  #86 (permalink)
 pipandrun 
Cologne, Germany
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader 8
Trading: ES
Posts: 725 since Jul 2013
Thanks Given: 2,164
Thanks Received: 1,215


Big Mike View Post
For future webinars, what do you guys want more? A formal presentation or another live market scalping demonstration, with the caveat of it being market replay due to the webinar time of day and compressed time nature?

Mike

This was a fantastic webinar and the greatest worth for me was the live demonstration even in market replay. Therefore i would appreciate further "live" dems. I had no doubt, that FT71 was not prepared and i admired how he stayed cool after the first two loosing trades. He came in the flow and turned the scenario positive in his third trade.
If i saw it right, he was far away from a 1:1 R.R, what i consider to be very interesting having the recent discussion about this here on futures.io (formerly BMT) in mind. Thanks for the webinar.

Waiting, Discipline and Patience Pays!
Visit my NexusFi Trade Journal Reply With Quote
  #87 (permalink)
 danielk 
Stavanger, Norway
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Ninjabroker, Continuum
Trading: ES, CL, Bonds
Posts: 666 since Nov 2012
Thanks Given: 908
Thanks Received: 1,801


Big Mike View Post
Maybe you could convince them to offer the tool as a commercial product. I like the tool and wish more platforms would offer tracking "theoretical average" (FT71 speak) which is really just a flat-to-flat average. Sierra does this built-in.

Mike

Would just like to bump this a bit. The shown average price in NT when adding and removing contracts is frankly just confusing to me. Ive been looking for something like the theoretical average for some time.

Wouldnt something like this be really easy to code as an indy?

At least i hope @NinjaTrader will consider adding this for NT8 ..

Reply With Quote
Thanked by:
  #88 (permalink)
 
podski's Avatar
 podski 
Belgium
 
Experience: Intermediate
Platform: Ninjatrader
Broker: Ninjatrader Brokerage, CQG
Trading: FDAX, FDXM ...maybe
Posts: 388 since Sep 2012
Thanks Given: 499
Thanks Received: 470

@FT71

Thanks for the recommendation on the The Chimp Paradox ... great book. It is a very digestible quick read for anyone looking to understand why they may not always follow their plan and what to do about it.

podski .. the chimp exerciser ..

Visit my NexusFi Trade Journal Reply With Quote
  #89 (permalink)
 Shamal 
Victoria BC/Canada
 
Experience: Advanced
Platform: Investor RT, Ninjatrader,
Broker: DTN/CQG/Rythmic
Trading: ES ,Currency Futures, Oil , Gold
Posts: 42 since Nov 2011
Thanks Given: 96
Thanks Received: 29

Thanks for recommending this book FT, Its great !! Boy will this explain in simple terms, many of the underlying drives we traders ( humans ) try to control. A neat concise package, easy to read for those who don't care for books, and for me as a parent a super resource to help my kids.
Another example of why I follow FT, buy his book ideas and listen carefully when he speaks.
All the best FT

Reply With Quote
  #90 (permalink)
 tomozean 
berlin
 
Experience: Intermediate
Platform: ninjatrader x-trader
Trading: bund, zb, zn
Posts: 7 since Mar 2013
Thanks Given: 10
Thanks Received: 1


great webinar. i would like to learn more about campaigning. can anyone recommend a book or resource?

thanks

Reply With Quote




Last Updated on April 23, 2015


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts